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GST dept probing if restaurants escaped taxes on packaging charges: Report
Several eateries on food aggregator platforms like Zomato received summons from the department asking details of GST on packaging charges since Jan 1, 2022.
Published on Apr 14, 2025 01:36 PM IST
Dabur Hajmola an ayurvedic medicine or candy? GST body to review classification
Dabur claimed that Hajmola candy is an ayurvedic medicine and not a “regular sugar-boiled candy”
Updated on Apr 12, 2025 09:21 AM IST
Gujarat man with ₹12 bank balance asked to explain ₹36 crore transactions
Jiteshkumar Makwana, an office boy, said he froze when he saw the income Income Tax Department notice asking him to explain ₹36 crore transactions
Updated on Apr 10, 2025 10:13 AM IST
Uttar Pradesh govt’s tax collections increase by nearly ₹20,000 crore, GST, VAT top contributors
Overall, the state government collected ₹2,13,287.94 crore taxes in 2024-25 against ₹1,93,329.10 crore in 2023-24.
Published on Apr 05, 2025 06:34 AM IST
HT Correspondent, Lucknow
Income tax, GST, UPI, banking: 5 financial rules changing from April 1
A slew of new financial rule changes are to come into effect from April 1, 2025 onwards, impacting UPI users, credit card holders, and pensioners.
Published on Mar 31, 2025 10:53 AM IST
₹ 2,150 cr spent on Ram Mandir in last five years: Trust
Ram Mandir Trust spent ₹2,150 crore in five years; 96% of construction is done. No chief priest appointed; silver bricks received from devotees.
Published on Mar 17, 2025 05:02 AM IST
Pawan Dixit, Lucknow
Govt may bring back merchant charges on UPI, RuPay-powered debit cards: Report
However, this may be for large merchants whose GST-based annual turnover is over ₹40 lakh.
Published on Mar 11, 2025 06:36 PM IST
Late Ratan Tata and Shobhana Bhartia get business leader awards
MUMBAI: Union minister Nitin Gadkari presented TIOL awards, honoring Ratan Tata posthumously and Shobhana Bhartia, highlighting their significant contributions.
Published on Mar 02, 2025 07:52 AM IST
Business leader honours for Ratan Tata, Shobhana Bhartia
This was the first year that TIOL, which stands for Tax India Online, was hosting its annual awards in Mumbai
Published on Mar 02, 2025 06:48 AM IST
New SEBI rules on MFs, tax slabs: Financial changes taking effect from March 1
Be prepared with your finances as big changes are about to take place from March 1 onwards.
Published on Feb 28, 2025 09:14 PM IST
Minor procedural lapses in arrests not to be seen with magnifying glass: Justice Trivedi
According to justice Trivedi, arrests under special statutes are often a necessary tool in the investigation process, serving multiple investigative purposes
Updated on Feb 28, 2025 09:21 AM IST
Input tax credit: GSTR-2B statement delayed by 2 days, use recompute option
This is because the deadline for filing GSTR-1 was extended by 2 days from the original January 11 to January 13.
Published on Jan 15, 2025 03:15 PM IST
GST filing deadline extension under consideration after online portal's outage
The Central Board of Indirect Taxes and Customs (CBIC) may consider giving an extension for filing GST after the online portal was temporarily down
Updated on Jan 10, 2025 12:46 PM IST
How will sale of used cars will be taxed under new GST rules? A simple guide
The GST Council has recommended an increased 18% tax rate on used car sales of electric vehicles (EVs), along with specified petrol and diesel cars
Updated on Dec 26, 2024 10:57 AM IST
HT News Desk | Edited by Abhyjith K. Ashokan
Will movie theatre popcorn become expensive? Here's how much GST will be levied
The 55th meeting of the GST Council clarified the GST applicable for popcorn after a clarification request from Uttar Pradesh on popcorn mixed with salt, spices
Published on Dec 25, 2024 02:40 PM IST
HT News Desk | Edited by Abhyjith K. Ashokan
Netizens troll Centre over 'absurd' popcorn tax; ‘Are these your priorities?'
The new 18% popcorn tax stemming from the 55th GST Council has sparked outrage amongst netizens; read what they have to say about this
Published on Dec 23, 2024 02:14 PM IST
Aadrika Sominder
Congress slams govt over ‘caramel popcorn GST’ social media debate: ‘Absurdity…’
Finance Minister Nirmala Sitharaman on Saturday issued clarification on three different GST tax slabs for “popcorn”.
Updated on Dec 23, 2024 07:32 AM IST
Memes flood the internet as GST Council confirms 18% tax on caramelised popcorn
GST Council clarified popcorn tax rates with no changes; social media buzzed with memes on caramelised popcorn.
Updated on Dec 24, 2024 08:54 AM IST
Mahipal Singh Chouhan
What gets cheaper, what is costlier after GST Council meet? Details here
The 55th GST Council meeting led by Finance Minister Nirmala Sitharaman was conducted in Jaisalmer, Rajasthan, on Saturday, December 21, 2024
Updated on Dec 22, 2024 11:57 AM IST
HT News Desk | Edited by Abhyjith K. Ashokan
GST Council hikes tax on used, old EV cars by businesses; Opposition reacts
The revised tax rate for electric vehicles will not affect individual sellers, clarified the GST Council headed by Nirmala Sitharaman.
Updated on Dec 22, 2024 07:02 AM IST
No GST to be paid for penal charges levied by banks on borrowers: Sitharaman
The 55th meeting of the GST council In Jaisalmer, Rajasthan also made revisions to rates applied on fortified rice kernels and gene therapy.
Published on Dec 21, 2024 10:10 PM IST
GST council explains difference in tax rates between salted and caramel popcorn
The council stated that pre-packed, labelled, ready-to-eat snacks would be subject to a 12 percent tax, while caramelized popcorn would have an 18 percent GST.
Published on Dec 21, 2024 10:09 PM IST
GST council GoM to meet soon on lowering taxes for insurance premiums
The Jaisalmer meeting is said to have discussed changes in tax rates on various items, including Kashmiri shawls, used electric and fossil fuel cars
Updated on Dec 21, 2024 08:15 PM IST
GST council defers tax cut on insurance premiums as FM awaits IRDAI feedback
The Council did not agree on bringing Aviation Turbine Fuel (ATF) into the Goods and Services Tax fold, Sitharaman said.
Updated on Dec 22, 2024 01:32 AM IST
GST Council postpones decision to cut tax on life and health insurance
18% GST will continue on premiums paid for policies with health insurance cover of over ₹5 lakh.
Published on Dec 21, 2024 01:47 PM IST
PTI |
Insurance, plane fuel might get cheaper as GST Council mulls lowering taxes
The 55th GST Council meeting is expected to decide on reducing tax rate on health and life insurance, as well as consider rate rejigs on 148 items
Published on Dec 21, 2024 01:16 PM IST
PTI |
GST Council likely to reduce tax rate on food delivery to 5% | What it means
The reduced tax means that the food delivery companies will no longer be eligible to claim input tax credit while filing GST.
Published on Dec 18, 2024 01:45 PM IST
HT News Desk | Written by Shivam Pratap Singh
At pre-budget meet with FM, farmers demand scrapping of GST on agri inputs
Farmers meeting with Finance Minister Sitharaman urged for scrapping GST on farm inputs and increasing PM Kisan scheme benefits amid ongoing protests.
Updated on Dec 10, 2024 06:52 AM IST
Zia Haq, New Delhi
UP collects ₹1.35 lakh crore tax revenue in 8 months
Its tax collections in the first eight months are 77.3 percent of the target of ₹174623.52 crore for the period and 50 percent of the annual target of ₹270086.00 crore for 2024-2025.
Updated on Dec 05, 2024 05:30 AM IST
HT Correspondent, Lucknow
GST mop-up fourth highest ever but red flags in laggard states
GST revenue in November hit ₹1.82 lakh crore, marking a 8.5% increase from last year, despite slow growth in key states and a GDP dip to 5.4%.
Updated on Dec 02, 2024 04:53 AM IST
Rajeev Jayaswal, New Delhi